David Savastano, Editor11.16.11
The overall strength of the North American packaging market has led to a series of acquisitions of liquid ink companies during the past year. Along these lines, Mosley Holdings announced the acquisition of Graphic Sciences, a water-based packaging inks and coatings specialist headquartered in Portland, OR, late last month.
Graphic Sciences will become part of American Inks and Coatings (AIC), a wholly owned subsidiary of Mosley Holdings. With $68 million in sales in 2010, AIC is the sixth-largest U.S. packaging ink manufacturer. AIC is enjoying excellent growth in flexible packaging and folding cartons, as well as a leadership position in multi-wall bags and gift wrap segments. The company is also vertically integrated into the dispersions field.
Jerry Mosley, Mosley Holdings’ CEO, said the acquisition of Graphic Sciences provides AIC with the knowledge and products necessary to successfully enter the corrugated ink market.
“We believe American Ink is th
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